Lawin has advised PSI Group in its acquisition of 100 percent of the shares in New Vision Baltija from NV Invest.
The total value of the transaction exceeded EUR 5 million (LTL 17.3 million), and the deal closed on July 11.
New Vision Baltija is a market leader within Retail Solutions in Lithuania, Latvia, and Estonia. The company also has subsidiaries in Finland and Russia. PSI Group is listed on the Oslo Stock Exchange and is a leading international provider of advanced technological solutions for securing cash through the SQS Security Qube and CashGuard systems, and is a major supplier of retail technology to the Scandinavian market.
The Lawin team was led by Partner Zilvinas Zinkevicius and Associates Ruta Besusparyte and Aleksandr Asovskij.